$4,921 Closing Credit*
$414,400
1,124 SqFt
2 Beds
•1 Full Bath
Gina Sapnar, Listing Office: Mainstay Brokerage LLC
Is Hollywood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hollywood was a Neutral Market.
Key Takeaway
Hollywood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollywood, FL
How much do homes in Hollywood, FL cost?
Median Sold Price
$483,177
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,427(+4.9%)
Key Takeaway
Homes in Hollywood have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Hollywood was $483,177 in November 2024, up 4.9% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $247.5K | +12.0% |
| 2 Bedrooms | $395.3K | $376.4K | -4.8% |
| 3 Bedrooms | $500K | $550K | +10.0% |
| 4 Bedrooms | $700K | $725K | +3.6% |
| 5+ Bedrooms | $1.3M | $1.0M | -24.1% |
Summary: Hollywood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 24.1%.
Median Sold Price Compared To Nearby Cities
| Pembroke Park | $139K | $294K | +111.5% |
| Dania | $305K | $360K | +18.0% |
| West Park | $410K | $448.5K | +9.4% |
| Dania Beach | $375K | $410K | +9.3% |
| Hollywood | $460.7K | $483.1K | +4.9% |
Housing Supply in Hollywood, FL
How many homes are available in Hollywood, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,442 | 1,577 | +9.4% |
Summary: The Hollywood real estate market had 1,577 homes for sale in November 2024, a 9.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 335 | 366 | +9.3% |
| 2 Bedrooms | 547 | 583 | +6.6% |
| 3 Bedrooms | 356 | 408 | +14.6% |
| 4 Bedrooms | 129 | 147 | +14.0% |
| 5+ Bedrooms | 75 | 73 | -2.7% |
Summary: The Hollywood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 2.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 | 102 | -8.1% |
Asking Price vs. Sold Price
80 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood, you may be able to get a good deal. 78.4% of homes here sold below asking price last month.
Summary: A total of 102 homes were sold or pending in Hollywood in November 2024, down by 8.1% month-over-month. Of the 102 sold homes, 78% were sold under asking, 12% were sold at asking, and 10% were sold over asking.
Days on Market for Hollywood, FL
How long does it take to sell a home in Hollywood, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 87 Days | +16.3% |
Summary: Homes in Hollywood had an average of 87 days on market in Nov 2024, up by 16.3% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
37 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hollywood has remained consistent over time.
Summary: During November 2024, 102 homes were sold in Hollywood; 26% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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